by Sunday | Mar 15 | Commerce WAEC
A. seller is the king B. product is supreme C. buyer is the king D. producer is the king Correct Answer: Option C C. buyer is the king Explanation Consumer sovereignty; is the situation in an economy where the desires and needs of consumers control the output of...
by Sunday | Mar 15 | Commerce WAEC
A. banking B. transport C. insurance D. advertising Correct Answer: Option D D. advertising Explanation Advertising is a means of communication with the users of a product or service. Advertising is the attempt to influence the buying behavior of customers or clients...
by Sunday | Mar 15 | Commerce WAEC
Use the following information to answer the question Bamidele co. ltd has authorized capital of 40,000,000, ordinary shares of N4 each. shares issued and fully paid are 25,000,000 A. N160,000,000 B. N100,000,000 C. N65,000,000 D. N40,000,000 Correct Answer: Option A...
by Sunday | Mar 15 | Commerce WAEC
A. consumer association B. trade union C. trade association D. chamber of commerce Correct Answer: Option C C. trade association Explanation A trade association is a body representing organizations within the same trade. It aims to protect their collective interests,...
by Sunday | Mar 15 | Commerce WAEC
A. standing order B. bill of exchange C. bank draft D. open cheque Correct Answer: Option C C. bank draft Explanation A bank draft is a cheque drawn by a bank on its own funds.